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The relationship between training and small business performance: An analysis of the Barclays Bank small firms training loans scheme
journal contribution
posted on 2023-06-08, 07:51 authored by Stuart Fraser, David Storey, Julian Frankish, Richard RobertsThe authors assess empirically the impact on firm performance of a state-subsidised training-loan scheme for small businesses (the Small Firms Training Loan Scheme). To achieve this assessment, a longitudinal sample of firms that received loans from the leading lender under the scheme, Barclays Bank, and a control sample of otherwise similar nonparticipants with Barclays accounts were studied. The authors present and apply a panel-data methodology for estimating the impact of the scheme on firm growth, which is able to take into account nonrandom selection onto the scheme. The main empirical findings are that participants are both more likely to survive and to grow faster than nonparticipants.
History
Publication status
- Published
Journal
Environment and Planning C: Government and PolicyISSN
0263774XExternal DOI
Issue
2Volume
20Page range
211-233Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes